News

Daily Markets Briefing: STI up 0.54%; DFI RG leads

DFI Retail Group led the stock market anew.

Daily Markets Briefing: STI up 0.54%; DFI RG leads

DFI Retail Group led the stock market anew.

‘Hub-and-spoke’ office model gains traction in APAC

Markets in the region except Australia are practising remote working.

FinTech firm Pilon raises $6.88m in seed round

The fund will be used to improve its product offerings and operation expansion.

Mapletree Logistics Trust posts 1.9% DPU growth in Q3

DPU stood at 2.227 cents on an enlarged unit base.

Suntec REIT's distributable income rises 3.4% YoY to $255.5m in FY22

The increase also pushed distribution per unit up to $0.08884.

Prime retail spaces in Orchard Road to sustain rental growth in 2023

EDMUND TIE expects the sector to post a full-year rental growth of 7%-9%.

SingPost to dilute interest in Chinese logistics company

The postal service company holds a 19.75% stake in the latter through its subsidiary.

Chip Eng Seng’s closing date prolonged

The bourse filing showed that the closing date of the offer is on 2 February.

Dasin Retail Trust reveals demand letter from Luso Bank regarding loan facility

The trust is in discussions to extend the deadline of the loans.

Rising interest rates a major concern for property investors in 2023

Asking help from bank lenders will be challenging this year.

Multifamily properties to have strong, stable income potential: Savills

It presents investment opportunities amidst macroeconomic headwinds.